Socialist California Sees a $1.6 billion Budget Shortfall

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Jerry Moonbeam Brown looking pensive as his economy nosedives.
Jerry Moonbeam Brown looking pensive as his economy nosedives.

Governor Moonbeam predicts a $1.68 billion deficit, reports the LA Times. It was only four years ago that Jerry Brown declared California’s budget was balanced for the foreseeable future.

When Leftists Get Their Hands on Your Money

“The trajectory of revenue growth is declining,” Brown told reporters at the state Capitol on Tuesday as he unveiled the state’s budget.

It’s not the fact that he’s spending wildly, destroying business with regulations, and loading up the state with costly government bureaucrats. That can’t be the problem.

In fact, he’s going to push for more climate change regulations.

He will do some cutting to spending, like cutting college scholarships to middle class families. The free college grants to illegal aliens will continue. School funding for the K-12 levels will also be cut.

The $16.1-billion subsidy provided by the Affordable Care Act for Medi-Cal, the program offering healthcare to the state’s neediest, will be in jeopardy if Obamacare is repealed.

Fiscal News About Two Leftist Cities

Where the left rules, the economy suffers.

The Fiscal Times reported that Chicago and New York rank at the bottom of a new analysis of fiscal strength. The analysis is based primarily on data from 2015 financial reports issued by the cities themselves.

Chicago is at the bottom because it is the “poster child for financial mismanagement. The city has thin reserves and large volumes of outstanding debt Also, Chicago is notorious for its underfunded pension plans.

In addition, New York City carries a very heavy debt burden, Fiscal Times reports. According to a report issued by City Comptroller Scott Stringer, New York’s per capita debt greatly exceeds that of all other large U.S. cities. It is even 50 percent higher than that of Chicago.

New York City is a sanctuary city that welcomes all those not welcomed elsewhere – that’s expensive to do!

Well over 75% of the votes cast for President went Hillary Clinton in these two cities.

 

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14 COMMENTS

  1. California voters elected him and this is what they get. Yes, keep electing crazy liberal democrats and your state will be ruined. Your fault, live with it

  2. My my, here is the great state of California with numerous professional sports teams, the music entertainment industry, the motion picture industry, the high tech industry, one of the most popular tourist destinations in the country and they can’t manage to be fiscally responsible. Just proof that there is never enough revenue for a liberal.s

  3. The sad fact is that the internal population of California is not liberal.
    All of the liberals that control the vote in California, are in the big cities Los Angeles and San Francisco.

    California is a huge state, if you don’t live here, you have no credibility in commenting on Californians.

    • Sad fact is, NYC destroys the entire state of NY because rural NY and Long Islanders cannot outvote the crazy Liberals in the city. So I understand your pain. NYC has a communist Mayor !!!!

      • Hey Brown Feinstein Boxer Pelosi ect ..ALL you democrap and liberal ass crying thugs in seats ARE the reasons this once great state is in a HELL HOLE !!! As you flood us with illegals ! hand out drivers licensee to these criminals ! food stamps housing welfare SSI cell phones our prisons house them and your sactuary cities breed them as you bow for votes and power !!! Your nothing but an organized crime syndicated American hating party for power and personal gain !!! We the people of this State will take our State back and stand and fight for the removal and pray criminal charges will be enforced for your acts of crimes !!! Do I hear swamp swamp swamp !!!

    • We kinda can respond IF federal money is used to bail out California.. BUT I agree 100% about LA and San Fran.. Stay strong and keep fighting.. maybe you guys will make a dent in the mindset of the bigger cities!

  4. Hey Brown Feinstein Boxer Pelosi ect ..ALL you democrap and liberal ass crying thugs in seats ARE the reasons this once great state is in a HELL HOLE !!! As you flood us with illegals ! hand out drivers licensee to these criminals ! food stamps housing welfare SSI cell phones our prisons house them and your sactuary cities breed them as you bow for votes and power !!! Your nothing but an organized crime syndicated American hating party for power and personal gain !!! We the people of this State will take our State back and stand and fight for the removal and pray criminal charges will be enforced for your acts of crimes !!! Do I hear swamp swamp swamp !!!

  5. Notice they can cut college for the middle class, and cut funding for K-12 schools, but magically they have college funds for illegal immigrants, wtf is wrong with the retards, they let our own people suffer to take better care of illegal immigrants than our own, this is ridiculous time for you illegals to get the hell out and take care of our own 1st

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